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Updated almost 9 years ago,
Newbie Staring out - $500k saved and ready to invest
My goal is to build a portfolio that generates $5,000 in cash flow per month.
I generate about $5,000 per month in spare cash from my job that is part of how i built up my investable funds.
Would I be best served hooking up with a real estate agent? I'm in the DFW area. Not sure if my investable portfolio matters so apologies for sharing if not appropriate. I know this is a small or very small amount to some and a huge amount to some but I'm trying to be transparent about my goals and current position so I can short circuit my goals of generating $5,000 per month from rentals (single family or multifamily) as soon as possible.
What would you think is a reasonable amount of time to build up a portfolio that generates that much cash flow?